Title: Top Down Approach Discussion and how to View BPT - Click on Title

Steve,  how does one access

Posted by bharvey96 on 30th of Sep 2020 at 01:35 pm

Steve,  how does one access the "Ciovacco Historical Perspective Charts?"  I would imagine you need to be a client?

He puts out a weekly

Posted by steve on 30th of Sep 2020 at 01:41 pm

He puts out a weekly video via Twitter on Friday Night

Hi Matt/steve, is today highly

Posted by kevindeng0727 on 16th of Jun 2020 at 09:18 am

Hi Matt/steve, is today highly likely to be a trend day?

ZOOM intra day access back up - click to expand

Posted by matt on 23rd of Nov 2020 at 09:48 am
Title: ZOOM intra day access back up - click to expand

Hello Matt, thank you for

Posted by sim2009 on 26th of Feb 2021 at 12:45 pm

Hello Matt, thank you for setting up ZOOM access to the KISS charts. Would it be possible to add real-time daily KISS charts for gold and long-term treasury bonds (TLT)? I am interested in possible buy signals and DVT levels.

The Zoom works again, sorry

Posted by matt on 10th of Feb 2021 at 11:17 am

The Zoom works again, sorry about that it's been up since Monday night. I have to use ZOOM sometimes for personal use and when I do that I change the ID so that people can't come onto my private Zoom. I have to remember to change the ID back for the website, sometimes I forget. This is what happened on Monday, I had a private Zoom meeting with a client on Monday night then forget to change it back to the ID for the website

Is the Zoom intra day

Posted by lnelson214 on 10th of Feb 2021 at 10:06 am

Is the Zoom intra day access up today? Still getting an “Invalid meeting ID” error message when clicking on “Click Here” link.

Matt, Is the Zoom intra day

Posted by lnelson214 on 9th of Feb 2021 at 10:08 am

Matt,

Is the Zoom intra day access up today? Getting an “Invalid meeting ID” error message when clicking on “Click Here” link.

First time to attempt to

Posted by bhst024 on 21st of Jan 2021 at 03:06 pm

First time to attempt to access Zoon charts but not working for me. All I get is a blank screen with my first name in the middle of the screen and I am the only participant. Is there something I need to set up first to access the charts?

zoom is up, had issues

Posted by matt on 15th of Jan 2021 at 11:02 am

zoom is up, had issues with that PC this morning

Is Zoom going to be

Posted by jtsurfah on 15th of Jan 2021 at 10:48 am

Is Zoom going to be up today?

Zoom is back up. I'm

Posted by matt on 6th of Jan 2021 at 09:23 am

Zoom is back up. I'm still never sure what causes it to shut down, I know that it only stays up for so long, but usually I shut it down and restart it about 10 or 11 pm and many times it will stay open until 10 or 11 am the next morning, then other times it shuts down early maybe 3 or 4 am. Whatever, should probably just shut it off before bed and not bother having it up all night then simply turn it on in the morning again

how  do you get on

Posted by ricest22 on 4th of Jan 2021 at 08:29 am

how  do you get on the zoom?

There is a sticky post

Posted by steve on 4th of Jan 2021 at 08:33 am

There is a sticky post above here in the Trading Community - take you mouse and click on the Title line which will open the post where you will find link to Zoom. 

regarding the KISS stuff, as

Posted by matt on 31st of Dec 2020 at 12:00 pm

regarding the KISS stuff, as you know I made that sector workspace with all the major sectors on it. I'm probably going to do the same for some other lists of stocks like maybe one with 20 of the major gold/silver stocks on it. I'd also like to make one for the IBD 20 stocks (the IBD 50 is too many for one workspace), and maybe one for Motley Fool charts

that said - does anyone here have an IBD subscription? If so can you send me their IBD 20 stock list?  bptrades@gmail.com  thanks

Please keeping posting these, they

Posted by cozz101 on 31st of Dec 2020 at 03:19 pm

Please keeping posting these, they are very helpful. I just bought a little XLE for a trade noticing how close price was to the DVT and with the cycle buy. Put my stop in right away so not risking much. 

Same with SMH because it looks like this has a nice pattern; AMD and AMAT kind of looking the same but I personally like to use etf's to mediate risk a little. 

XLV looks like it's breaking out today too; hope it's for real  :)

Happy New Year!

never mind on sending me

Posted by matt on 31st of Dec 2020 at 12:30 pm

never mind on sending me the IBD 20, I have them. 

here's the IBD 20 stocks on one workspace

Here's a workspace I created

Posted by matt on 29th of Dec 2020 at 10:01 pm

Here's a workspace I created that I could add to Zoom - I added all the sector ETF's with DVT's

or maybe this one, has

Posted by matt on 29th of Dec 2020 at 10:53 pm

or maybe this one, has all in one, includes the indexes, sectors, and a few stocks

FWIW I prefer having more

Posted by 2schnauzers on 30th of Dec 2020 at 09:36 am

FWIW I prefer having more stocks and less ETFs

LOL yeah that's the issue,

Posted by matt on 30th of Dec 2020 at 09:46 am

LOL yeah that's the issue, what stocks, gonna be different for everyone, no easy way there and you would never everyone happy.

is the zoom access down

Posted by ruscitti on 30th of Dec 2020 at 09:48 am

is the zoom access down or is it just me?

I have seen this issue

Posted by Trendie on 4th of Jan 2021 at 10:16 am

I have seen this issue before. The thread gets updated and at least some of us lose the original ZOOM room link. I can't see it anymore either. I had the link saved and when I try to use the saved link it now prompts for a password so I imagine the link has actually changed.

there is no password, the

Posted by matt on 4th of Jan 2021 at 10:51 am

there is no password, the link is always the same, get it from the sticky post

I've been in the IT

Posted by Trendie on 4th of Jan 2021 at 02:19 pm

I've been in the IT business for 40 years so I'm pretty good with a computer. There is no visible link to the Zoom call in this thread (at least for me). When I click on the SAVED link I had for it in my own computer's browser (Microsoft Edge) which has been working I get this. I'm unable to enter the room without a password. Is my link wrong? If so then please post the updated link. If my link is correct then why am I being prompted for a password? I've not had any issue getting into Zoom when I was given a good link. Thank you, Matt.

Mystery solved. When I view

Posted by Trendie on 4th of Jan 2021 at 04:00 pm

Mystery solved. When I view the full thread the very top comment from Matt with the Zoom link is HIDDEN!  I have to click on the title of the thread (red arrow) to expose both Matt's comments AND the link to the Zoom meeting. Don't know why the entire thread is expanded for me EXCEPT the first post but at least I know what's going on now. Sorry for any confusion. Hope this helps others who experienced the same issue.

I added the words, click

Posted by matt on 4th of Jan 2021 at 04:01 pm

I added the words, click to expand at the end of the condense link there as that should avoid confusion with others in the future

The zoom link is at

Posted by jtsurfah on 4th of Jan 2021 at 02:43 pm

The zoom link is at the top of the page. I'm in the meeting but I have a blank screen. Does anyone else see anything? 

Yes it turned black.  It

Posted by EdZ on 4th of Jan 2021 at 02:44 pm

Yes it turned black.  It was up until a few minutes ago. Signed out and back in. Still black.

No, i also cannot access

Posted by chartist74 on 30th of Dec 2020 at 09:56 am

No, i also cannot access it

Sweet...I like the second one;

Posted by cozz101 on 30th of Dec 2020 at 09:08 am

Sweet...I like the second one; has all the stuff I like to trade. This is really helpful!

that would be very nice

Posted by ruscitti on 30th of Dec 2020 at 07:52 am

that would be very nice to have

Zoom is up, I changed

Posted by matt on 27th of Dec 2020 at 06:09 pm

Zoom is up, I changed the SPX cash to ES futures so you can monitor how they behave. ES future were down 17 points at one point are now positive

Trump signed stimulus bill and

Posted by steve on 27th of Dec 2020 at 09:43 pm

Trump signed stimulus bill and ES responded by moving up 20 points

voice audio has been added

Posted by matt on 23rd of Dec 2020 at 09:36 am

voice audio has been added for the DVT prices, and A Amateur Hour on the zoom

interesting, 120 in chart of

Posted by matt on 23rd of Dec 2020 at 09:42 am

interesting, 120 in chart of XLE went long see vertical line with DVT, basically an abc buy

the Zoom is back up.

Posted by matt on 22nd of Dec 2020 at 08:48 am

the Zoom is back up.  Also I'll be taking it down in the later afternoon , I need to do some updates there

No Zoom today? 

Posted by jtsurfah on 18th of Dec 2020 at 01:46 pm

No Zoom today? 

I said earlier that I

Posted by matt on 18th of Dec 2020 at 03:42 pm

I said earlier that I took it off today working on that computer

FYI I'll be taking the

Posted by matt on 18th of Dec 2020 at 10:40 am

FYI I'll be taking the Zoom computer offline shortly. I need to do some work on it and other things with the charts there.  It will not be available for the rest of the day, but will back up next week

some of you may have

Posted by matt on 15th of Dec 2020 at 12:02 pm

some of you may have noticed from Zoom, the 120 min SPX flipped back long earlier

red-green-red-green? Are we going back

Posted by kevindeng0727 on 15th of Dec 2020 at 01:52 pm

red-green-red-green? Are we going back long on the  system again if it stays that way?

One thing to keep in

Posted by cozz101 on 15th of Dec 2020 at 02:23 pm

One thing to keep in mind, many index funds go x-div this Friday.  Could be some buying to capture that too? 

if you went long on

Posted by najor on 15th of Dec 2020 at 12:24 pm

if you went long on the 120 minute  on friday . where do you place your stop at 3634 spx the previous low . thanks

you can see the DVT

Posted by matt on 15th of Dec 2020 at 12:57 pm

you can see the DVT price on the Zoom, however there's no new DVT price, same as yesterday

zoom is back up

Posted by matt on 14th of Dec 2020 at 09:31 am

zoom is back up

The the Zoom charts we

Posted by matt on 12th of Dec 2020 at 02:57 pm

The the Zoom charts we are looking to add audio voice for various indicators whenever they generate a change such as when you get a new cycle support or resistance, maybe the 9 Sequential, but also could add whenever a new DVT is generates or if is an abc buy from the KISS. Here's some examples of how that could sound. I probably wouldn't put it on every chart, maybe 1/2 day, 120 min, 60, 30, 15 min. Probably not needed on daily for obvious reasons. We'll see I'll probably test it next week

New DVT price generated

New Cycle support/or resistance

Love this!

Posted by jtsurfah on 17th of Dec 2020 at 01:07 pm

Love this!

so regarding the Zoom -

Posted by matt on 17th of Dec 2020 at 01:29 pm

so regarding the Zoom - I added real audio voice alerts for the cycles so whenever there's a new cycle support or resistance you will hear something like "New cycle support generated on the 15 min ES chart".  I will be adding the voice alert for the DVT prices as well so whenever there's a new DVT price on say the 120 min charts or daily, a voice will say "New DVT price generated on the 120 min QQQ chart at 305".  I may also add voice alerts for the A's that pop up, amateur traders, or the 9 sequential Denmark, but not sure if that would be too much or not. Not like they pop up that much however.  Will probably add those extra voice alerts either late this week or on weekend

Sounds like the future is

Posted by steverobin on 13th of Dec 2020 at 06:18 am

Sounds like the future is here!

What a great idea!!!  

Posted by najor on 13th of Dec 2020 at 12:46 am

What a great idea!!!    Easy access  and less stress for Matt   and subscribers  ..Still wish we had XLE charts and GDX charts like we do on the SPY.  maybe one day ??

The Zoom is back up

Posted by matt on 11th of Dec 2020 at 09:52 am

The Zoom is back up - remember it can only stay open so long before the auto shutoff.  should be good rest of the day. I added that Demark indicator so you'll see a 9 on the charts now during a 9 sequential Demark type of move. Here's a article on Demark, again it's widely followed by a lot of traders

https://sherry1022.medium.com/how-to-make-money-at-home-trade-with-td9-indicator-tom-demark-sequential-5c115f0cac9c

Also regarding the Zoom charts,

Posted by matt on 11th of Dec 2020 at 12:34 am

Also regarding the Zoom charts, I added a Demark type of designation and now when there's a 9 sequential Demark type of sequence, the chart is marked with a 9, both on uptrends and downtrends

the Zoom is up guys

Posted by matt on 7th of Dec 2020 at 10:22 am

the Zoom is up guys

new DVT on the the

Posted by matt on 1st of Dec 2020 at 10:37 am

new DVT on the the 120 min SPX not surprisingly, you can see it on the Zoom charts

otherwise short term intra day the market got very overbought, in fact my new derivative indicator gave a nice short to me on a 5 min chart for a nice short on ES futures

you can see that indicator

Posted by matt on 1st of Dec 2020 at 10:47 am

you can see that indicator there on the 10 min you can see the MA ribbons got stupid wide and the indicator flipped there with the magenta line indicating a reversal was coming, I had triggered on a 2 min chart though. anyway I'm in the process of adding that indicator to the Zoom charts, however I still want to figure out a different formatting to make it pop more

looks like a new DVT

Posted by matt on 27th of Nov 2020 at 10:18 am

looks like a new DVT on the 120 min SPX

first off that Zoom meeting

Posted by matt on 27th of Nov 2020 at 09:32 am

first off that Zoom meeting is back up.

Also here's a setup to burn into your mind, we discussed it last week, that 4 color change on the BPT MA. It's especially powerful when it occurs and price is still above the ATR.

last night I saw this pattern and went long ES futures at 3622, currently 3639, when I saw the setup.  was really obvious on the 195 min and 120 min time frames. The 120 min time frame has that cycle right there and price was close to the ATR. 

I may start to save some of these examples for future reference

Hello all hope your Thanksgiving

Posted by matt on 26th of Nov 2020 at 03:21 pm

Hello all hope your Thanksgiving is going well. Anyway I'll go ahead and put the Zoom back up on ES futures, they will start trading at 6 pm EST.  They closed down about 9 points in after hrs yesterday from the Wed close

Matt, thank you for letting

Posted by tradeit007 on 25th of Nov 2020 at 04:04 pm

Matt, thank you for letting us view your streaming Zoom meeeting. It helped my intraday trades significantly. Happy Thanksgiving!

awesome! happy to share.  A

Posted by matt on 25th of Nov 2020 at 04:26 pm

awesome! happy to share.  A few bugs to figure out, once in a while Zoom just stops working etc, I think there's a time limit where I need to close the meeting and restart it. At night I'll put ES futures for the middle cycle charts. 

anyway glad it helps and you can see the DVT's and cycles show up in real time.

the Zoom is back up

Posted by matt on 25th of Nov 2020 at 11:44 am

the Zoom is back up in case you didn't realize

note - for the Zoom

Posted by matt on 24th of Nov 2020 at 04:06 pm

note - for the Zoom I changed the cycle charts in the middle from SPX cash to ES futures to reflect after hrs.  I'll leave the Zoom up, I have to run to an appointment

The zoom is back up,

Posted by matt on 24th of Nov 2020 at 09:45 am

The zoom is back up, it had lost connection earlier.  Here's an image of all those charts. note on the daily one of the BPT MA Deluxe indicators trying to go green. On the 120 min price stalling some at the underside of the ATR. The TICK extremes chart is on the upper right and plots horizontal lines when the TICK spikes over 1000, this goes back 5 months, therefore lines can be from months ago unless you are at new highs.

image from the Zoom -

Posted by matt on 24th of Nov 2020 at 10:32 am

image from the Zoom - note on the Tick extreme chart on the upper right. once we took out that line at 3605, that enabled the market to push again to the next tick extreme. This current one goes back to Nov 16th

One thing to point out is short term some of these ribbons are VERY wide, 5 min etc, price may need to consolidate soon intra day

otherwise hope you guys like having the real time views through that Zoom

here's that TICK extreme chart,

Posted by matt on 24th of Nov 2020 at 12:11 pm

here's that TICK extreme chart, every time you break one of those levels you tend to get a nice move. This morning right away price broke above that TiCK extreme from 3605, that alloed a move up to the next one at 3612, and once that was broken we had free air until the 3641 above - which goes back no Nov 6th

that tick extreme from Nov

Posted by matt on 24th of Nov 2020 at 01:46 pm

that tick extreme from Nov 9 overhead was a magnet, notice price popped right up to it

you can see how price

Posted by matt on 24th of Nov 2020 at 02:34 pm

you can see how price pulled back right from that Tick extreme high from Nov9th, tagged it an hr ago and pulled off it

very nicely

Posted by carson on 24th of Nov 2020 at 02:06 pm

very nicely

I'll put up the Zoom

Posted by matt on 24th of Nov 2020 at 12:10 am

I'll put up the Zoom now with the ES futures and change out tomorrow after the market opens to the indexes

I'll put that ZOOM up

Posted by matt on 23rd of Nov 2020 at 09:39 pm

I'll put that ZOOM up again tomorrow morning

(:  i loaded up friday like to see this play out

Small/Large

You can do anything you want. IWM/QQQ, Banks/500, etc. 

Not sure Semis to QQQs is what I was looking for but this chart sure look like it's setting up for a MASSIVE double top... JS.  You are Chart Boy.   I am Chart Noise (my new Ninja name). :)

Great insight !  Only safe play is CASH in short term and then wait for it as you say.

If you really do want to do the intra-market analysis very closely the next few days, set up all your relatives like this so you dont have to do it all mentally on the fly intraday. 

Based on decades of observing retail, professional and institutional traders, that type of hypothetical approach is relatively pointless at these times. Unless you are running enormous amounts of money and trying stay relatively market neutral while capturing alpha (in which case you have quant programs making those decisions for you) no one makes consistent money trading that way at this point in a cycle. 

Instead,  the most successful traders simply trade what they see on shorter time frames  when they actually see it and then execute in whichever product they are seeing it in.

For example, if we gap up in the morning, look to see where the relative strength is. If it is the NDX, and especially the SMHs, that would favor the long side of everything. Then, if you are not already long, take the break of the first 15 min range looking for a trend day higher if it is to the upside or at a minimum a gap fill if it is to the downside (though I would probably look for a filling of the Feb 2nd gap as well).

Now is not the time so try to make decision based on intra/inter-market analysis. By definition, we are at point of a potential trend change, so until we get some resolution there is really nothing to analyze on time frames beyond a few hours. 

IWM/DOW vs. QQQs/SnP. - Which

Posted by fredsaid on 28th of Feb 2021 at 09:49 pm

IWM/DOW vs. QQQs/SnP. - Which scenario is more likely ?  Would love to see a voting tool from the community or maybe we could use Twitter ???  Scenario A - The DOW and IWM hold the line (like the Reddit crew have so far failed at) and the QQQs and SnP recover to new highs ?   OR Scenario B - that the QQQs/SnP bounce for 1-2 weeks while IWM and DOW lose their monthly 9s while forming further divergence and bear flags and then we get a unified push down ?  Some other prediction charts posted weeks ago showed a big zig-zag (W pattern) between Feb - April followed by a massive rally up only to face a massive sell off in fall.   My preferred view is Scenario B and I would love to see AAPL get back up to 133 on the bounce/broken trend line and act as the Canary for the start of the proper down move.  A positive (expected) Jobs number Friday will lead to major turmoil in the Bond Market and everything could roll over.  I do not believe there is any scenario where the QQQs and SnP continue lower while the IWM and DOW continue higher - even though this is what all the main stream media / rotation crew will have us believe.  Trying to figure out how to play it - Short DOW and IWM, Long QQQs and SnP for the week is what I'm thinking.

Gold and Silver bouncing nicely,

Posted by chartboy on 28th of Feb 2021 at 07:39 pm

Gold and Silver bouncing nicely, up 1 and 2 percent respectively off Friday’s lows after becoming over extended to the downside to reach the 1.618 expansion target in Gold.

The set up is very similar to what we saw in SPX and SMH at the recent highs when they over extended to the upside to  reach long term expansion targets. 

Thanks for the reply!  I don’t think we will get a big pull back from here.  The SQQQ is a good tool to have available

yeah wouldn't surprise me to see a bounce from here. that said a bounce has the potential at least to form a RS or lower high on the QQQ's, however from a timing symmetry you would need that bounce to occur over about a week or so,

I’m not sure how to approach this steverobin . I think it’s better to observe breadth and price action tomorrow before we get an idea. One option is to just buy SQQQ so we can trade it after hours as well.
I personally don’t believe we are going to crash.

We have jobs numbers Friday. Which typically is bullish for market.  
I had tesla puts for Friday but I closed them last minute because I was concerned if we get a new month inflows rally.


Literally, the first time I

Posted by chartboy on 28th of Feb 2021 at 05:09 pm

Literally, the first time I can remember using an Andrews Pitchfork in over a decade was about two weeks ago when I noted that the regression channels and uptrends in SLV were inconsistent with the price oscillations I was expecting (I was expecting a downswing but we were were already on the support lines). Friday, we gapped down and bounced off the lower fork I had created. Given the price action and Gold's bounce at the 1.618 expansion it is clear that Friday's selloff was not some random reaction to other assets as is the case many days in the metals.

True. Virtually all crashes happened

Posted by kevindeng0727 on 28th of Feb 2021 at 04:45 pm

True. Virtually all crashes happened from oversold conditions, not from new highs. 

Which expiration and strike?

Every one of the signals

Posted by chartboy on 28th of Feb 2021 at 02:17 pm

Every one of the signals in that chart occurred in a raging bull market. Be careful not to extrapolate  bull market activity into perpetuity. By definition, in meaningful corrections oversold markets get more oversold and stay more oversold while prices are declining when compared to the preceding bull phase. 

Posted by brophy on 28th of Feb 2021 at 01:22 pm

Part of the process of

QQQ monthly chart is not pretty

Posted by chartboy on 28th of Feb 2021 at 11:27 am

Part of the process of putting tops in involves “gaffing” shorts several times before the real reversal occurs and training the Johnny come latelies to buy every dip. That gets the crowd thinking exactly what you are when the break actually occurs.

In fact a classic bear maneuver is to trace out inverted head and shoulder patterns, to let the uneducated bulls buy them as they break out slights, and then immediately reverse them and break them straight down to new lows.

Point being, the macro trends will dominate the micro patterns. While the Dow may have made that pattern last month, the NDX and SPX, etc have deteriorated significantly since, so the environment has changed. 

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!